💱Dollar Remains Most Overvalued Currency In REER Terms: Cable FX Macro
- Rosbel Durán
- Dec 22, 2022
- 1 min read
**As seen in Macro Walk report 12/16/2022, cablefxm.co.uk/reports
The dollar has experienced a pullback heading into the last weeks of the year, however, most currencies remain negative over the year
On a REER basis, the dollar is still the most overvalued currency in the G10, our Z-score ranking calculates for the past three years
On the other side of the balance, the yen and the Swedish króna bottom the ranking. Our calculation has not captured this week's yen gains. Even after this period, the yen is tracking a 14% loss to the dollar for 2022
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